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Yangarra Resources Ltd YGRAF


Primary Symbol: T.YGR

Yangarra Resources Ltd. is a Canadian junior oil and gas company engaged in the exploration, development and production of clean natural gas and conventional oil. The Company has its main focus in the Western Canadian Sedimentary Basin. The Company has an interest in approximately 184.5 sections (118,080 acres) in this field, which is located around the town of Rocky Mountain House, Alberta. The company has developed its land base to target the halo Cardium at Ferrier, Chedderville, Cow Lake, Chambers, O’Chiese, and Willesden Green with a focus on exploiting the prolific bioturbated zone as part of the entire Cardium package.


TSX:YGR - Post by User

Comment by cfliesseron May 16, 2024 6:52pm
72 Views
Post# 36044472

RE:RE:So Frustrating

RE:RE:So FrustratingDividends make people act irrationally. Take money out of one pocket and put it into your other and people feel like they gained something. 

However many firms are valued on just that via the dividend discount model.

Wait and see YGR rerate when they start a dividend once reaching 80M. For no reason other than that the model told me it's worth more now. 
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